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- MICROSOFT DYNAMICS GREAT PLAINS HOW TO
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So, if you ever find yourself trying to answer the question, “How much did we do in sales with that customer last year?” create a detailed SmartList that outlines all of the transactions for that customer and filter by Document Date. Users need the ability to enter transactions in the prior year and current year, therefore, I tell users to close as timely as possible, but know the distinction between the two years will be a little blurred. However, I find the real world does not operate this way. Dynamics GP scoops up all the transactions in the “This Year” bucket and moves it to the “Last Year” bucket regardless of date.
MICROSOFT DYNAMICS GREAT PLAINS WINDOWS
The reason for this is there are certain Inquiry windows and SmartList columns that are updated when you close RM regardless of the close date. Textbook-wise, Microsoft wants you to enter all transactions for the prior year before entering any transactions for the new year, close the prior year and then never go back and enter a transaction to that closed year. This is a feature some users like to take advantage of at YE. However, one of the things that you can do at the YE close that you cannot do during the year is remove Discontinued Items. Many of the steps included for IV are actually done throughout the year, including reconciling quantities and completing a physical stock count. I have included some important highlights for each of the respective sub-ledgers below. Therefore, this KB article actually has hyperlinks to each of the respective sub-ledgers. As such, the first step in the KB article referenced above is to close each of the respective sub-ledgers. However, what many users do not know is there is actually a close for many of the sub-ledger modules including Inventory, Receivables Management, Payables Management, Fixed Assets, Analytical Accounting and Payroll.
MICROSOFT DYNAMICS GREAT PLAINS HOW TO
This KB article discusses how to close the year for the General Ledger module. The best reference is the following Knowledge Base (KB) article distributed by Microsoft. Whenever I talk to clients about the Dynamics GP Year-End close process, they always ask where they can find more information. I would like to help alleviate your fears and empower you with the knowledge needed so closing your YE in Dynamics GP is a breeze. It is always one of our best-attended user group meetings as it provides an opportunity for folks new to Dynamics GP to wrap their heads around the process, while giving the pros with Dynamics GP a nice refresher on this process. In fact, Sikich sponsors a user group meeting for our clients where we walk them through the YE close process. Microsoft Business Ready Enhancement Plan not included.This time every year, Microsoft Dynamics GP customers start getting anxious about the upcoming year-end (YE) close process.All dexterity based ISV products you own are included at no added cost.$134 per named user/per month ($159 if you need Dynamics GP Extended Pack) ISV product subscriptions need additional monthly fee.ĭynamics GP Hosting Fee for “Buy Your Own License”:.
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MICROSOFT DYNAMICS GREAT PLAINS SOFTWARE
Customers license the access to software functionality. Pay a monthly fee to an ISV. Perpetual licensing – Designed for SMEs to get started with an affordable upfront license fee to an ISV. Pricing is via a quote request from ISVs in your area. MS Dynamics GP is sold via independent software vendors (ISVs), a network of Microsoft-accredited third-party resellers.